Showing 1 - 10 of 3,837
We study games endowed with a pre-play phase in which players prepare the actions that will be implemented at a predetermined deadline. In the preparation phase, each player stochastically receives opportunities to revise her actions, and the finally-revised action is taken at the deadline. In...
Persistent link: https://www.econbiz.de/10011674517
Persistent link: https://www.econbiz.de/10010386047
Persistent link: https://www.econbiz.de/10012027494
The paper explores how elites can develop capacity for collective agency through coordination. Elites' challenge is to …
Persistent link: https://www.econbiz.de/10011967393
This paper shows that asynchronicity of moves can lead to a unique prediction in coordination games, in an infinite …. We provide extensions to the unique selection results to all subgame perfect Nash equilibria, and to coordination games …
Persistent link: https://www.econbiz.de/10010510706
We consider a co-evolutionary model of social coordination and network formation where agents may decide on an action … in a 2x2 - coordination game and on whom to establish costly links to. We find that a payoff dominant convention is …
Persistent link: https://www.econbiz.de/10010341151
In a coordination game such as the Battle of the Sexes, agents can condition their plays on external signals that can … are rare. Thus, even in a world of simple learning agents, coordination behavior can take on some surprising forms. …
Persistent link: https://www.econbiz.de/10011515836
We consider a model of stochastic evolution in symmetric coordination games with K>=2 strategies played by myopic …
Persistent link: https://www.econbiz.de/10012855237
linking constraint and the marginal payoff from coordination. A restrictive linking constraint or a large marginal payoff from … coordinating on the maximum effort promotes efficient coordination. Even if these conditions are not satisfied, players need not to …
Persistent link: https://www.econbiz.de/10012859146
Compliance inspection is a detailed examination procedure for determining compliance of a particular person or organisation with the given set of provisions (in regulations, standards, business rules, etc.). The optimal selection of persons or organisations and provisions for inspection is one...
Persistent link: https://www.econbiz.de/10013290870